BSEB Inter Business Studies Practice Questions - Bihar School Examination Board (BSEB) Intermediate Business Studies (Elective, I.Com. - Subject Code 217) Exam

Which statement correctly distinguishes management as an art and as a science?

Management has no principles at all, so it is only an art Management is only a pure science like physics with unchanging laboratory laws Management is neither art nor science under any description Management is a science because it uses systematised knowledge and principles, and an art because managers apply skill and creativity in practice

Correct Answer:

Management is a science because it uses systematised knowledge and principles, and an art because managers apply skill and creativity in practice

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